Hey guys,I'm a tile contractor and I'm interested in developing a multi family property ground up. 

And THAT is why all you gullable little Hoomanz still idolize your favorite little youtube influencer worshipping the dumb ground they walk on. 

@Michele Velazquez a suggestion if I may, wait until you pick your location before committing to a lender as my experience is that local is important.While we personally work with a lot of out of state investors who allow us to be their boots on the ground and never see the property, but if you can take a trip to one or some of your top picks that can make it more real.Regarding DFW small MF builds are in pockets around the Metroplex.

We have a new roof, new AC, new top of the line Samsung stainless steel appliances, enlarged open kitchen, and renovated bathrooms.Our dock can bring $1600/month yacht rental (we have dual 50A/30A/20A metered marine electric and dual metered water), and I see house rentals in our area ranging from $3500-$5600/mo.We were originally planning to sell because we could not refinance since we plan to move--but after joining this group yesterday it seems that we might be able to instead get a loan as a rental property if the numbers work, and then use that cash to move and purchase our 2nd property (perhaps a duplex, triplex, quadplex).This is probably the most important deal decision of our lifetime because this is the one that launches us into this real-estate business--I am beyond grateful to this community for knowledgeable advice on our best course of action.

The most difficult part for me initially was solving the problem of having trustworthy partners/project managers/contractors/etc on the ground locally. 

Getting boots on the ground to make repairs and clean the place is the challenge.  

One lawyer call and back to ground zero. 

If it does condensate, then it drips down to the ground, not over to the wood?

You pay them to ensure your property is in great condition, they should be your eyes on the ground.

Other common leak points are hose bibs for the garden hose, laundry sinks or even sometimes under ground pipes if you have radiant heat in the garden level units.